Estoppel letters are signed by each tenant and counter-signed by the owner as true and correct.

sounds like you are on the right track - house hacking or BRRRR to jumpstart the journey is a pretty solid tried and true gameplan

@Jeff Sitti  I hope you are a true friend to this person.    

I am not sure it is true in either case.

I'm Mark Dunn from columbus OH, passionate about real estate investing for 5 years.

Timeline ranges from 22 days in Texas to almost 12 months in some other states. ” The borrower could file bankruptcy (can someone confirm that this will only cause delay, but not jeopardize ultimately collecting the legal balance of the note)”I wish I can confirm that, but it isn’t true.  

Whether you're just getting your footing or already seasoned in real estate, I'd love to hear your journey—what sparked your passion, the lessons learned along the way, and how your perspective on investing has evolved.

Quote from @John Mason: True Having a solid team around you like agent, lender etc.

What is you guys best ways to find true private lenders not "brokers". 

If in fact that is true.